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1103 N Market St, Champaign, IL 61820

3 beds • 2 baths • 1553 sqft

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This property could be a profitable Airbnb investment with a projected 22.35% first-year return on $35,913 initial cash invested.

22.35%

Cash On Cash

16.91%

Cap Rate

2.78

DSCR

$2,491

Rent

$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,491 income − $1,822 expenses = $669 cash flow

Income$2,491Mortgage P&I$43317%Property Taxes$1526%Insurance$402%Management$37415%CapEx$1004%Maintenance$1004%Other$62325%Cash Flow$669

Investment Breakdown

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Purchase Price

$85,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,913

Downpayment

20%

$17,060

Closing costs

1%

$853

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$2,491

Total Expenses

$1,822

Mortgage P&I

17%

$433

Property Taxes

6%

$152

Home Insurance

2%

$40

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$623

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